Enterprise Diversified (OTCMKTS:SYTE) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Enterprise Diversified, Inc. (OTCMKTS:SYTEGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.49 and traded as low as $5.49. Enterprise Diversified shares last traded at $5.49, with a volume of 4,000 shares trading hands.

Enterprise Diversified Stock Performance

The company’s 50-day moving average price is $5.49 and its 200 day moving average price is $5.49.

About Enterprise Diversified

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Enterprise Diversified, Inc is a diversified holding company headquartered in Westport, Connecticut. Trading on the OTCMKTS under the symbol SYTE, the company invests in and manages a portfolio of wholly owned subsidiaries operating in renewable energy, environmental consulting, real estate leasing, and financing. Through targeted acquisitions and strategic partnerships, Enterprise Diversified seeks long-term growth by focusing on industries with stable cash flows and long-term demand drivers.

Green Innovations, a principal subsidiary of Enterprise Diversified, specializes in landfill gas well development as well as the engineering, construction, and operation of renewable natural gas systems.

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